OFF MARKET

615 Fifth Street
Merbein West VIC 3505

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1170584m2
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Property Details for 615 Fifth St, Merbein West

Building Type
Rural
Land Size
1170584m2
Local Government
Mildura
Lot/Plan
1/PS802387

Last Listing description (January 2020)

Modern, well established seedless table grape vineyard with outstanding supporting infrastructure; close to Mildura Regional city

Total land area of 117 ha. (289 ac) of which 78.7 ha (194 ac.) is planted to sought after seedless varieties; Crimson (65.98 ha) and Menindee Superior (12.72 ha); 29 ha. vacant land suitable for further expansion

High standard of vine trellising; drip irrigation; vineyard cooling sprays; 422 megalitre AUL

Structural improvements include a modern and efficiently designed 3,130m2 packing shed complex with extensive cold (620 pallet) and dry storage; machinery /storage shed; pump sheds

Excellent opportunity to acquire a significant, established table grape property with the prospect to gain a substantial foothold in the Australian table grape industry

Information Memorandum available

Fifth Street Vineyard is situated on the intersection of the southern side of Fifth Street and the eastern side of the Meridian Road, 5 kilometres (approx.) south-west of the Merbein Township, 12 kilometres (approx.) west of Mildura, one of Victoria's largest regional cities and the largest town in the greater Sunraysia region.

Structural Improvements:

Storage Complex & Coolroom: The main steel frame storage and Coolroom complex comprises five large modern cool rooms (620 pallet capacity inclusive of pressure cooling system), packing and storage facility, dispatch/receival area, small office area and employee amenities totalling approximately 3,130 square metres situated near the main entrance off Fifth Street.

A security fence is bounding the parameter of the packing and machinery shed

Machinery / Storage Shed: There is a large modern machinery shed of approximately 446 square metres. Steel frame construction with four bays and a partially concreted floor, gable roof, electricity connected

Pump Sheds: Two sheds housing the pumping and filtering infrastructure are located on the western bank of the storage dam near the machinery shed.

Water Use Licence; The property interest does not include any permanent water entitlement.

The property however is benefited by a AUL of 422.10 megalitres which permits the application of irrigation water to the land

Pumping: Irrigation water is delivered to the vineyard plantings via 2 pumping stations; Pump station 1 comprises: 3 x 22kW Western Electric motors each coupled to 200 millimetre Southern Cross pumps. 1 x 22kW Grundfos motor coupled to a 200 millimetre Grundfos Pump.

Pump station 2 comprises: 4 x 22kW Monarch motors each coupled to a 200 millimetre Southern Cross pumps.

Filtration System: Each pump station is benefited by a screen filter which provides a primary means of filtration. Secondary filtration is by way of 2 banks of Netafin pod filters

Fertigation: Direct injection via two polythene fertigation tanks.

Agents Comments: The sale of Fifth Street Vineyard offers a unique opportunity with an indisputable appeal to investors and existing industry participants to secure a modern, high-quality and established table grape enterprise.

Property History for 615 Fifth St, Merbein West, VIC 3505

A timeline of how this property has performed in the market
Last Sold
$6,332,000
17 Oct 2020
  • 17 Oct 2020
    Sold for $6,332,000
  • 19 Mar 2018
    Listed for Sale EXPRESSIONS OF INTEREST
  • 16 Dec 2016
    Sold for $5,975,000
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About Merbein West 3505

The size of Merbein West is approximately 8.4 square kilometres. It has 1 park covering nearly 22.1% of total area. The population of Merbein West in 2011 was 586 people. By 2016 the population was 202 showing a population decline of 65.5% in the area during that time. The predominant age group in Merbein West is 60-69 years. Households in Merbein West are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Merbein West work in a trades occupation. In 2011, 86.1% of the homes in Merbein West were owner-occupied compared with 94.1% in 2016..

Merbein West has 104 properties. Over the last 5 years, Houses in Merbein West have seen a 67.56% increase in median value. As at 31 October 2024:

  • The median value for Houses in Merbein West is $469,251 while the median value for Units is $299,063.
There are currently 2 properties listed for sale, and no properties listed for rent in Merbein west on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Merbein west.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.